# Why the Federal Reserve Wants to Keep Growing Its Balance Sheet - 24/7 Wall St.

> The Federal Reserve's November 5, 2020 FOMC statement said economic activity and employment were recovering but remained well below early-2020 levels. The Fed signaled tolerance for slightly higher inflation and noted that lower oil prices were holding down consumer prices.

- Date: 2020-11-05 · published 2020-11-05T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/50082-why-the-federal-reserve-wants-to-keep-growing-its-balance-sheet-24-7-wall-st
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Fed policy that keeps rates near zero and tolerates higher inflation is a broad macro backdrop for commodities, but it does not directly move feed ingredient supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-13 | [Eggs are cheaper now, but inflation isn't where the Federal Reserve wants it to be](https://feedsoft.ai/events/35507-eggs-are-cheaper-now-but-inflation-isn-t-where-the-federal-reserve-wants-it-to.md) | -0.6% | -1.7% |
| DXY | 2018-03-19 | [What to expect from the Federal Reserve rate meeting \| IG South Africa](https://feedsoft.ai/events/65909-what-to-expect-from-the-federal-reserve-rate-meeting-ig-south-africa.md) | -1.2% | -1.3% |
| DXY | 2020-09-15 | [Federal Reserve to meet after sharp changes to its outlook \| AP News](https://feedsoft.ai/events/51038-federal-reserve-to-meet-after-sharp-changes-to-its-outlook-ap-news.md) | +0.6% | +0.2% |
| DXY | 2019-06-20 | [Dollar falls to 2-week low after Federal Reserve meeting](https://feedsoft.ai/events/7438-dollar-falls-to-2-week-low-after-federal-reserve-meeting.md) | -1.1% | -0.8% |
| DXY | 2022-09-06 | [Board of Governors of the Federal Reserve System](https://feedsoft.ai/events/39787-board-of-governors-of-the-federal-reserve-system.md) | -0.4% | +2.7% |

## Sources

- 247wallst.com: https://247wallst.com/economy/2020/11/05/why-the-federal-reserve-wants-to-keep-growing-its-balance-sheet/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.